Abbott (NYSE:ABT) said today that it promoted the head of its medical device division, the healthcare giant’s largest segment, to be its new operations chief.
In naming former medical devices VP Robert Ford as COO, Abbott said Ford oversaw the integration of St. Jude Medical and was instrumental in the debut of Abbott’s FreeStyle Libre glucose monitoring device.
“Robert is a strong leader who consistently demonstrates Abbott’s successful management philosophy and strategy, and has a successful track record of delivering business results,” chairman & CEO Miles White said in prepared remarks.
Xtant Medical names interim CEO
Xtant Medical (NYSE:XTNT) said it replaced CEO Carl O’Connell effective Oct. 12, naming board member Michael Mainelli as interim chief executive and launching a search for a permanent replacement.
“On behalf of the Board, I want to thank Carl O’Connell for his dedication and contributions, notably guiding the company through the recent restructuring process. We wish Carl all the best,” chairman Jeff Peters said in prepared remarks. “Mike is a proven leader with over 25 years of successful business leadership in the medical technology industry. He has led businesses at both public and private medical technology companies resulting in growth, operational improvement, and enhanced shareholder value. His unique experience in the global orthopaedic and spinal markets will be particularly valuable, and we are pleased to have him in this interim role.”
Hartmann names Fuenfstueck as CEO
The Hartmann Group named former Clariant (SIX:CLN) executive Britta Fuenfstueck to be its new CEO effective Jan. 1, 2019, replacing Andreas Joehle, who is stepping down due to personal reasons. Fuenfstueck is slated to join Hartmann’s board Nov. 1.
LuxCath taps medtech vet Ransbury for CTO spot
LuxCath said it named 30-year medical device veteran Terry Ransbury to be its chief technology officer. Ransbury was co-founder & president of Nocturnal Product Development, which helped develop LuxCath’s OmniView ablation catheter.
Private equity shop taps ex-Smith & Nephew CEO Bohuon, Abbott vet Warmuth
Private equity firm EW Healthcare Partners said it named former Smith & Nephew (NYSE:SNN) CEO Olivier Bohuon as a senior advisor and former Abbott (NYSE:ABT) executive Mike Warmuth as an operating partner.
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